Patrick Bateman: Well, we have to get the fuse dried out first, it seems. It keeps getting lit and going out...LOL
I don't usually make predictive price point forecast with respects to moves, but I'll will take a stab at it tonight after I see the close. I initially expecting this turn to materialiae along the falling support line of my OMC Index last week at higher levels and that failed, so its a new ball game...maybe!
As I said in my previous post, my intra day models have all just about lined up in the oversold range and when that happens they are rarely wrong. However, there is room for a little more downside before they all line up...